Extraco Banks at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
37th13.0% deniedPricingmedian rate spread over APOR, weight 30%
69th0.12 ptsProcesswithdrawn + incomplete share, weight 15%
22nd19.3%Closing coststotal loan costs ÷ loan amount, weight 10%
44th2.06% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 451 | 362 | 7.1% | 8.1% | 6.63% | $132M |
| 2024 | 523 | 376 | 10.7% | 12.9% | 6.75% | $140M |
| 2025 | 487 | 342 | 10.5% | 13.0% | 6.50% | $131M |
What Extraco Banks lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 61 investment properties.
Why Extraco Banks denies applications
Primary reason reported for each of the 51 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Extraco Banks
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 28 | 14 | 36.4% |
| $50k – $100k | 114 | 69 | 21.6% |
| $100k – $150k | 107 | 69 | 15.9% |
| $150k – $250k | 87 | 72 | 6.5% |
| Over $250k | 114 | 87 | 2.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 104 | 84 | 9.7% |
| 35–44 | 121 | 79 | 16.0% |
| 45–54 | 78 | 47 | 23.0% |
| 55–64 | 76 | 53 | 11.7% |
| 65–74 | 53 | 37 | 7.5% |
Where Extraco Banks lends
3 states and 58 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 485 | 340 | 10.5% | 6.50% | #261 |
Frequently asked questions
Extraco Banks denied 13.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 37th percentile of small mortgage lenders.
The most common reason Extraco Banks gave in 2025 was "credit history", cited on 49.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Extraco Banks originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.12 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 68% of its applications were for home purchases, 22% for refinancing (including cash-out), and 9% for home improvement or other purposes. By loan type: 86% conventional, 7% FHA, 7% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.